Human Resource Management is a management function involving procurement of suitable human resources, train and develop their competencies, motivate them reward them effectively and create in them an urge to be part of the management team whose aim should be render, dedicated, committed service for the success and growth of the organization. The term human resources spell the total sum of the components (like skills, creative abilities) possessed by all employees and other persons (like employed, employees, owners etc.) who contribute their services to attain the organizational objectives and goals. Human Resource Management is much broader compared to the term personnel management either at the component’s level or in coverage at organization level. The comparison personnel is Human Resource Management is presented. (C.B.Mamoria, S.V.Gankar) According to Byars and Rue, “Human Resource Management encompasses those activities designed to provide for and coordinate the human resources of an organization.” According to Ivancevich and Glueck, “Personnel/human resource management is the function performed in organizations that facilitates the most effective use of people (employees) to achieve organizational and individual goals.” HRM is a process of consisting four functions – acquiring, developing, and motivating and retaining human resources. The acquisition function starts with planning (for the number and categories of employees required) and ends with staffing. The development function has three dimensions-employee training, management development, and career development. The motivation function includes identifying the individual motivational needs of employees and identifying ways to motivate them. The retention function is concerned with providing a conducive work environment to the employees and nurturing them to make them feel committed and attached to the organization. There
Human Resource Management is a management function involving procurement of suitable human resources, train and develop their competencies, motivate them reward them effectively and create in them an urge to be part of the management team whose aim should be render, dedicated, committed service for the success and growth of the organization. The term human resources spell the total sum of the components (like skills, creative abilities) possessed by all employees and other persons (like employed, employees, owners etc.) who contribute their services to attain the organizational objectives and goals. Human Resource Management is much broader compared to the term personnel management either at the component’s level or in coverage at organization level. The comparison personnel is Human Resource Management is presented. (C.B.Mamoria, S.V.Gankar) According to Byars and Rue, “Human Resource Management encompasses those activities designed to provide for and coordinate the human resources of an organization.” According to Ivancevich and Glueck, “Personnel/human resource management is the function performed in organizations that facilitates the most effective use of people (employees) to achieve organizational and individual goals.” HRM is a process of consisting four functions – acquiring, developing, and motivating and retaining human resources. The acquisition function starts with planning (for the number and categories of employees required) and ends with staffing. The development function has three dimensions-employee training, management development, and career development. The motivation function includes identifying the individual motivational needs of employees and identifying ways to motivate them. The retention function is concerned with providing a conducive work environment to the employees and nurturing them to make them feel committed and attached to the organization. There